Core Insights - Progress has announced the availability of over 50 enterprise-grade UI components from KendoReact for free, aimed at enhancing the development capabilities of the React community [1][5] - The initiative is designed to democratize access to high-quality UI components, allowing developers of all experience levels to create sophisticated applications more efficiently [2][3] Group 1: Product Offering - The free components include popular UI elements such as DropDownList, DatePicker, MultiSelect, and Buttons, along with features of the React Data Grid and professionally designed themes [3][5] - Developers will also gain access to Figma UI kits and learning resources, facilitating the creation of distinctive user interfaces while maintaining high-quality standards [3][5] Group 2: Community Engagement - Progress is hosting a 2-week virtual Dev Challenge to encourage innovative use of the free KendoReact UI components, with submissions accepted in various categories [4] - This initiative aims to foster innovation within the developer community and stimulate the growth of the React ecosystem [3][4] Group 3: Market Context - According to the 2024 Stack Overflow Developer Survey, nearly 42% of professional developers utilize React, highlighting its popularity due to flexibility and robust performance [2] - The introduction of free enterprise-grade tools is expected to further enhance developer productivity and accelerate workflows in the React ecosystem [2][3]

Group 1 - Progress has been recognized in the Constellation ShortList™ for DevOps in Q1 2025, marking the seventh consecutive year for the Chef platform [1][2] - The recognition highlights Progress's role in driving transformation initiatives, helping organizations navigate the evolving tech landscape [1][3] - The Chef portfolio includes automation tools for infrastructure, orchestration, compliance, and application management, enhancing efficiency for DevOps teams [2][3] Group 2 - The introduction of a fully managed, cloud-based platform by Progress simplifies IT for customers by automating maintenance, version upgrades, and security updates [2][3] - Progress emphasizes its commitment to IT automation, delivering continuous compliance and operational efficiency across hybrid and multi-cloud environments [3] - Constellation Research evaluates products for the ShortList based on client inquiries, partner conversations, customer references, and market share [3]

Core Insights - Progress has launched the 2025 Women in STEM Scholarship Series to support female students in the U.S., Bulgaria, and India, coinciding with International Women's Day [1][2] - The scholarship aims to empower women pursuing degrees in computer science, software engineering, IT, or related fields, highlighting the importance of education in driving innovation in the STEM industry [2] U.S. Scholarship Details - The Mary Székely Scholarship for Women in STEM offers a renewable award of $10,000 for women in Massachusetts enrolling in or completing their first year of an undergraduate degree in relevant fields [2] Bulgaria Scholarship Details - The Women in STEM Scholarship Program in Bulgaria provides two annual scholarships of BGN 3,000 each (approximately $1,700) for women in their second, third, or fourth year of study in related fields at accredited universities [3] India Scholarship Details - The Akanksha Scholarship for Women in STEM in India is a renewable award of up to INR 1,50,000 (approximately $2,000) annually for women pursuing undergraduate degrees in relevant fields, focusing on resilience and ambition [4] Corporate Social Responsibility - The scholarship series is part of Progress's CSR program, which emphasizes innovation and social impact, with past recipients demonstrating significant contributions to society through technology [5] Application Information - Applications for the scholarships must be submitted by April 11, 2025, with details available on the Progress website [6] Company Overview - Progress is a provider of AI-powered digital experience and infrastructure software, enabling organizations to develop and manage applications and digital experiences effectively [7]

Core Insights - Progress has introduced Web Application Firewall (WAF) functionality to its MOVEit Cloud managed file transfer solution, enhancing security for sensitive data transfers and ensuring compliance with evolving security standards [1][2][3] Group 1: Security Enhancements - The new WAF functionality blocks malicious web traffic, providing an additional layer of protection for organizations handling sensitive data [1][2] - It is designed to mitigate risks from injection attacks and unauthorized file access, built on OWASP-based industry standards to protect against the OWASP Top 10 threats [7] Group 2: Compliance and Regulatory Standards - The MOVEit Cloud solution is now certified to meet PCI DSS 4.0 requirements, along with HIPAA, HITECH, and HIPAA Omnibus standards, ensuring organizations can maintain compliance with the latest regulations [7] - The WAF functionality is critical as PCI DSS 4.0 mandates the deployment of a WAF for public-facing applications by March 31, 2025 [2] Group 3: Operational Efficiency - MOVEit Cloud simplifies the management of file transfer infrastructure, allowing IT leaders to focus on securing data transfers while Progress manages WAF updates and scaling [5][7] - The solution offers 24/7 monitoring and support from Progress security specialists, enhancing operational efficiency for organizations [7]

Core Insights - Progress has appointed Ed Keisling as the Chief AI Officer (CAIO) to lead the company's AI strategy and enhance its AI-powered product portfolio [1][2] - Keisling brings over three decades of experience in technology leadership, focusing on aligning engineering execution with strategic business goals [2][3] - The company emphasizes its commitment to AI innovation, providing responsible AI-powered digital experience and infrastructure software to a vast customer base [2][3] Company Overview - Progress is a provider of AI-powered digital experience and infrastructure software, enabling organizations to manage and develop applications with agility [5] - The company serves over 4 million developers and technologists across hundreds of thousands of enterprises globally [5] Leadership and Experience - Ed Keisling previously served as Senior Vice President of Engineering for Infrastructure Management at Progress, where he enhanced operational efficiency and drove innovation [3] - His prior experience includes executive roles in technology sectors, focusing on complex system architectures and cloud computing [3] Community Engagement - Keisling is involved in engineering development programs, mentoring students through initiatives like the UNH Pathways Program and MIT Undergraduate Practice Opportunities Program [4]

Company's Recognition Based on Completeness of Vision and Ability to Execute BURLINGTON, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Progress (NASDAQ:PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced its recognition in the 2025 Gartner Magic Quadrant for Digital Experience Platforms¹. Progress was one of 17 vendors evaluated in this report and has been recognized for the fourth consecutive time. "We believe Progress' recognition again this year in the Ma ...

Have you evaluated the performance of Progress Software's (PRGS) international operations during the quarter that concluded in November 2024? Considering the extensive worldwide presence of this business software maker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being a ...

BURLINGTON, Mass., Jan. 23, 2025 (GLOBE NEWSWIRE) -- New offering empowers enterprises to simplify data operations and enhance AI capabilities in the cloud Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced the launch of Progress® Data Cloud℠, a managed Data Platform as a Service designed to simplify enterprise data and artificial intelligence (AI) operations in the cloud. With Progress Data Cloud, customers can accelerate their digit ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Progress Software Corporation (NASDAQ:PRGS) Q4 2024 Earnings Conference Call January 21, 2025 5:00 PM ET Company Participants Michael Micciche - SVP, IR Yogesh Gupta - President and CEO Anthony Folger - CFO Conference Call Participants Fatima Boolani - Citi John DiFucci - Guggenheim Securities Ittai Kidron - Oppenheimer Bo Yin - Jefferies Pinjalim Bora - JPMorgan Operator Good day, and welcome to the Progress Software Corporation Q4 2024 Earnings Call. [Operator Instructions] Please be advised that today's ...